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Innovation has always been a driving force behind economic growth, and India is no exception. The Indian economy has been undergoing significant changes in recent years, with a strong focus on innovation and technology. In fact, in 2022, India made it to the top 40 countries in the Global Innovation Index (GII) for the first time. While patents represent only one of many quantifiable parameters of the GII, but the GII ranking and the patent metrics show a remarkable overlap. This clearly indicates that protection of innovation motivates more companies to find breakthrough solutions. Resultantly, the Indian government is working…